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Lithuania based Debiitum, a Borderless Financing Platform, Reports 7,000+ Users, $8M in Deposits
The team at Lithuania-based financing platform
Debitum recently published their platform statistics update for June 2021.
As noted in a blog post by Debitum, the month of June was a relatively calm or quiet month for the platform. However, their team continued working hard to offer users the best investment opportunities.
As stated in the update:
“Together we achieved another milestone and exceeded the 7000 number of users threshold.”
As revealed in the update, there are now 7215 registered users on Debitum (as of July 14, 2021). The platform’s management reports nearly $8 million in deposits.
Pixabay
As many companies, especially smaller ones, face liquidity challenges during their Covid-19 recovery journey, buying organizations are looking for ways to offer their suppliers early-pay finance schemes to alleviate cash flow difficulties. Supporting the supply base to sustain a continuous and seamless trading cycle has become essential for growth, business continuity and innovation, for both parties.
However, for many organizations, finding the right approach poses some difficult questions, and it’s often hard to know where to start.
Fortunately, the market for early-pay finance solutions has matured, and there are a number of different solutions for corporations to consider to support their suppliers with invoice payment
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NEW YORK, NY and HONG KONG / ACCESSWIRE /
May 13, 2021 / Sino United Worldwide Consolidated Ltd. (OTC PINK:SUIC) has signed a Supply Chain Financing Agreement with Seiki Digital, a Hong Kong company that manufactures consumer electronic goods and smart appliances for global distribution. SUIC is lining up the U.S. and Asian financial institutions that will provide support and financing to Seiki Digital.
Seiki Digital distributes its products in the US through Amazon, Famsa, Aaron s, Fry s Electronics, Target, AAFES, Conn s, RC Willey, RAC, HEB, La Curacao, The Home Depot, Mito, Shopko and other major distributors.
SUIC believes Seiki Digital is a high-growth company that is well-established and with a stable earning power and market position, that seeks long-term sustainability and international expansion. SUIC is in a unique position to contribute to Seiki Digital s sales and marketing efforts by bolstering their working capital needs that will support Seiki s domestic and i